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20121201
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in recent history? and if things are so bad why haven't the british like say the people of greece or spain taken to the streets? to discuss this i'm joined by ian beg who is a research fellow at the london school of economics. so professor beg, we hear talk this being the worst recession since the second world war. is it? >> it's been a long recession and it's very slow to see any kind of recovery. but it's also worth remembering statistically although being one of the worst in the last century, we actually today are as well off as in 2006. we've only gone back by a few steps. >> is it simply a case that it feels like the worst recession that anyone can remember? >> it's the fact that it hasn't gone to a recovery phase. tore used to in a recession have a deep downturn followed bay quite rapid recovery. it takes longer to readdress individual positions in their debt. and that means that it lasts much longer than everybody expects because everybody tries to save. >> so if things aren't very bleak across europe, why is it that in some countries as in greece and in spain we've seen the protest
you do is say, we are in trouble, we will borrow in loans and give it to people. that is called greece. that is what the trade minister said. they are not serious about welfare, the deficit, or a serious party. everybody can see it. >> order. >> double very much. will the prime minister join me and the whole crowd in sending our condolences -- we urge anybody who wants to donate to the king edward the seventh memorial fund. >> i am sure the whole house and indeed the whole country will join the honorable lady and join me in paying tribute to this nurse and giving all our sympathies. she clearly loved her job, loved her work, cared deeply about health of her patients, and what has happened is a complete tragedy. there are many lessons that will need to be learned. i echo what she said about what in the press keep their distance. >> is the prime minister still intending to introduce to snooper's chartaer? does he realize that he will be spying and more people in britain than even all the press barons put together? did -- where did he get his advice and ideas from? >> i really believe on
Search Results 0 to 2 of about 3 (some duplicates have been removed)